Another refinery to cease operations as Dangote begins petrol sales
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Grangemouth refinery in Scotland to shut down in Q1 2024; owners to convert it into fuel import terminal and biofuels storage; closure will result in 400 job losses, reducing staff from 475 to 75; Dangote Refinery began petrol production in September 2024 with a capacity of 650,000 bpd; OPEC predicts Dangote Refinery will impact Europe’s oil market; refinery has exported 3.5 billion litres of fuel, representing 90% of its production; Dangote Group's Aliko Dangote emphasizes focus on Nigerian crude despite supply challenges.

#DangoteRefinery #Grangemouth #OilMarket #JobLosses #Biofuels #PetrolProduction #Opec #FuelImportTerminal #Nigeria #Scotland

https://www.legit.ng/business-economy/energy/1613947-dangote-refinery-scotlands-refinery-shut-owners-convert-facility-use/